Indian equity benchmarks traded in the red during mid-morning deals on January 14, 2026, as weakness in banking and select heavyweight stocks weighed on sentiment. However, strength in metal, energy and PSU counters provided some support, pointing to continued stock-specific action rather than broad-based selling.
Also Read: January 13, 2026: Nifty Ends Lower at 25,732 Despite Strength in Financials; Trent, L&T Drag Markets
Market Snapshot: Indices Under Mild Pressure
At 10:31 IST, the Nifty 50 stood at 25,676.05, down 56.25 points or 0.22%.
Intraday movement reflected cautious sentiment:
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Open: 25,648.55
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High: 25,761.50
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Low: 25,638.35
Sectoral cues were mixed:
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Nifty Next 50: 68,713.40 (+0.28%) -
Nifty Financial Services: 27,513.80 (−0.26%)
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Nifty Bank: 59,410.30 (−0.28%)
Nifty Next 50: 68,713.40 (+0.28%)Weakness in financials continued to act as a drag on the headline index.
Top Gainers: Metals, PSU and Energy Counters Lead
Buying interest was visible in cyclical and PSU names, supported by strong volumes.
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Tata Steel gained 2.47% to ₹187.08, backed by healthy volumes of 150.65 lakh shares, leading the gainers.
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Coal India rose 2.20% to ₹438.35, supported by strong traded value of ₹325.70 crore.
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Axis Bank advanced 1.98% to ₹1,287.00, showing selective strength in private banking.
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NTPC climbed 1.94% to ₹344.45, reflecting defensive buying in power stocks.
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ONGC added 1.62% to ₹247.74, tracking firmness in energy counters.
NTPC climbed 1.94% to ₹344.45, reflecting defensive buying in power stocks.The performance suggests investors are rotating toward PSU, commodity-linked and value stocks.
Top Losers: IT, Consumption and Banks Drag
On the downside, selling pressure was seen in IT, consumer discretionary, and select banking heavyweights.
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TCS declined 1.86% to ₹3,207.10, leading losses among IT majors.
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Asian Paints slipped 1.82% to ₹2,833.70 amid continued profit booking.
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Kotak Mahindra Bank fell 1.59% to ₹419.70.
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Eicher Motors dropped 1.44% to ₹7,297.50, extending weakness in auto stocks.
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ICICI Bank eased 1.25% to ₹1,419.10, adding to pressure on the banking index.
Eicher Motors dropped 1.44% to ₹7,297.50, extending weakness in auto stocks.Losses in large-cap names like TCS and ICICI Bank capped any meaningful recovery in the benchmark.
Market Mood: Sector Rotation Continues
The ongoing session reflects a rotational market, where money is moving into metals, energy and PSU stocks while exiting select IT, consumption, and financial names. This pattern indicates cautious optimism rather than panic selling, with investors actively reallocating portfolios.
Traders are likely to remain watchful of global cues, institutional flows, and earnings-related updates through the remainder of the session.
Conclusion: January 14, 2026
The Nifty’s dip to around 25,676 in mid-morning trade signals near-term caution, driven by weakness in heavyweight stocks such as TCS, ICICI Bank, and Asian Paints. However, the strong performance of Tata Steel, Coal India, NTPC, and ONGC highlights continued opportunities in cyclical and PSU themes. In the short term, markets are expected to remain range-bound with stock-specific action dominating trends.
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